Why Greece is struggling so much with productivity?

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I know that Greece has had economic woes for some time, but I was surprised to learn that the average Greek worker puts in more hours per year than the average American and significantly more than the EU average. With the recent approval of six day workweeks in Greece, while conversations about shifting to four day workweeks are occurring elsewhere in the world, I’m curious as to what has led to this situation occurring?

In: Economics

15 Answers

Anonymous 0 Comments

One reason is that greek workers are not using technology enough.

The microsoft digital futures index gave Greece a score of 81, 17% lower than other central and eastern European countries.

This means greek workers on average must spend longer to complete the same tasks as in other countries.

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